Even though many startups fail, the ones that become successful are VERY SUCCESSFUL.
Investors want a slice of this.
As A Result, More Than £4.9 Billion Was Invested Into UK Startups In 2015.
A Year On, Tech Startups In London ALONE Managed To Raised £1.2 Billion In The First Nine Months Of 2016.
London Was Responsible For 64% Of Investment Deals.
You’d Be Insane To Not To Want A Piece Of The Action.
Not To Get Legal Safeguards in Place.
Money For Your Startup Is A Time-Consuming, Competitive And Complicated Process.
What Can You Do To Simplify It?
What Can You Do To Get An Edge?
With The Right Legal Documents, You Can Make Your Funding
Round A Quick, Pain-Free And Efficient Experience.
When An Investment Is Involved, Solid Legal Foundations Are Vital.
Without Legal Security, You Could Find That Your Startup Doesn’t Have A Leg To Stand On.
The Stakes Are High.
But The Cost Of Protecting Your Interests
Doesn’t Have To Be.
Don’t Let Investment Opportunities Slip Through Your Fingers Because The Legal Checks and Balances Weren’t In Order.
Get The Legal Documents That Will Show Your Investors That You Mean Business.
Get Your Investment Pack Now!
- Fast Service
- Quality Legal Documents
- Affordable Solutions
- Advice Tailored To Your Needs
Coming up with an innovative idea is one thing.
Working hard to make sure your startup reaches its potential and safeguarding your legal interests along the way is a completely different ball game altogether.
We’ve made it simple.
Don’t waste valuable time, money, and energy.
Shield yourself from expensive disputes with the essential legal documents that all startups looking for investment need now!
Are you the founder of a startup on the cusp of making it big? Perhaps you’ve been bootstrapped and reinvesting your profits for some time but recognise that outside investment may give your startup the push it needs to reach the big leagues…
You’ve been smart and found an investor that works for you already. You might feel like you’re ready to move forward but are unsure of what could happen in the future and probably need some legal minds to steer you in the right direction.
Someone has already invested in your startup, but you want to be responsible and legally protect yourself in the event that circumstances change.
No matter where you are in your startup journey, we’ll
get you on the right track!
Linkilaw will get you from seed to series to success!
We’ll give you a hand with a Startup Legal Session! It’s FREE!
What is a Startup Legal Session?
The law and investment can be complicated!
We’ll find out all the legal ins-and-outs of your business and work hard to advise you on the best course of action.
With a free and impartial consultation, our highly-trained and supportive legal experts work to understand you, your business, and your investment opportunities.
After just 15 minutes, you will finally be able to make well-informed decisions at every step in your startup’s journey.
The right investors for the right founders can be the difference between making it or breaking it.
If you don’t see eye-to-eye with your investors, your startup experience could turn into a living nightmare.
You can wish for someone to come along and give you the funds to get your startup off the ground.
Legal disputes are real, and genies aren’t.
Let your investors know that your head isn’t in
the clouds with some serious legal documents!
Avoid the added stress that comes with a lack of foresight when jumping into bed with people before you know where you stand.
Make a roadmap for the journey ahead that awaits you when you get investors together.
Seasoned entrepreneurs say that writing a business plan from the outset of your business is essential. True to their disruptive nature, however, startup founders are known for throwing caution to the wind and might start trading without defining a strategy.
Sometimes, the best things in life are free – and so’s this advice:
Make a business plan.
Once that’s done, get your letter of intent drafted.
When reaching out to investors, a letter of intent is sent to their office for review. The letter of intent outlines the terms of a deal between parties and formalises an initial understanding before negotiations even take place!
It sums up what can and can’t be talked about off the negotiating table and serves as an agreement throughout your relationship. The letter of intent is a product of negotiation itself as you or your investor may decide what can and can’t be negotiated.
A Term Sheet.
Think of this as your ‘blueprint’ for investment.
A term sheet irons out all the creases so that everyone knows where they stand. It sets out the terms of your investor giving you funding. This includes (but isn’t limited to) taking equity in your company and a creating a convertible note. It also sets out any conditions you may have to meet to be successful when securing funding. It includes decisions about dilution of shares and decision-making rights.
A term sheet, however, is not a legally binding agreement.
Like a map, it can guide you on your journey, but ultimately you’re the one in control of where you go and how you get there.
Even though you’re in the driving seat, your map needs to drafted properly or you might get lost.
It never ends well when a term sheet is drafted by an inexperienced professional.
In 2001, a startup finally managed to secure investment for $8 million after four years.
The startup chose to draft its term sheet without the support of a qualified lawyer, and as a result several key provisions weren’t included.
Sadly, what seemed like a bargain at the beginning ended up costing the startup more than they thought and as a result, a sizeable portion of its equity was given away.
After that, it’s essential to get a Shareholders’ Agreement or Investment Agreement.
In exchange for partial ownership of your startup, an investor will provide capital for you to move forward with your project.
Together, both parties look over what was previously agreed in the term sheet but in much more detail.
Future investors may want to see this agreement to know how much control other investors have in your company.
In the Shareholders’ Agreement, you may need to add vesting provisions. These are designed to protect investors or major shareholders in the event that key members of the founding team might want to leave the company soon after investment. With these provisions, certain shares will ‘vest’ over time or upon meeting certain milestones.
Startups don’t have time to waste.
Neither do investors.
Work quickly to get the legal documents your business needs and show investors that
you can be just as responsible with their hard earned cash as you are with your startup!
BUT… you may be wondering:
What about your hard earned cash?
Get someone to invest in your startup by investing in the legal protection of your business.
The Investment Pack is only £697+VAT.
You can expect to get our:
LETTER OF INTENT
(if purchased separately)
- A declaration of parties involved in a business proposition.
- Details on each party’s intentions.
(if purchased separately)
- How many shares each owner holds.
- Any share vesting terms.
- Any decision-making and deadlock provisions.
- Investor details, and agreed investment amount.
- Vesting share procedure (if applicable).
(if purchased separately)
- Identifying each party.
- Valuation/ Percentage of ownership.
- Information regarding basic assets.
- Purchase price.
- Contingency guidelines.
- Acceptance period.
- Option pool.
- Liquidation Preference.
- Investor Rights.
With these documents in place, you’ll be ready to move onwards and upwards.
Once you secure your first investor, getting another on board will be easy as pie!
Be a Founder that fights to get investment and ensures it stays.
- 1 Order the documents you need for your startup.
- 2 Fill in a form and let us know about your startup and if there’s anything in particular you’d like included in your documentation.
- 3 Leave it with us. Within three business days, you’ll get your personalised contracts drafted by a specialist business lawyer.
- 4 You have a further 14 days to review the contracts and get any last-minute amendments.
- 5 Once completed, just sign the contracts or post them on your website; you are all set!
Signed, sealed, and delivered – They’re yours!
We really are that fast!
“I didn’t go to Law School but I’d like to think after the Startup Legal Session that I understand my business’ legal needs quite well! It’s only been 6 months since we launched, but already I know that I’m so happy I got these documents from these people!”
– Mauria, CEO, I am LDN
WHAT COULD GO WRONG?
Why Can’t I Download A Legal Document I Found Online?
What’s ‘free’ now could cost you your entire business later down the line!
You need robust contracts that are the result of a legal professional taking the time to find out what you and your business need.
Why Are These Documents Way Less Expensive Than Ones Many Law Firms Provide?
Not that long ago we too were starting up, and as a company that wants to support the growth of your endeavours, we understand that high legal costs for bootstrapping startups does nothing for our success – as well as yours. Our big idea is to disrupt the legal industry so you can grow your business.
That’s why our lawyers have done away with extortionate fees.
Many of them have experienced the life that comes from working for the big, bad city firms but decided that they wanted a lifestyle change. We are a team – and just as we want the best for our clients, we’ve given our Linkilawyers the freedom that enables them to focus what matters to them. This means happier and more enthusiastic lawyers, that are passionate on lowering their costs whilst maintaining their high standards.
How Are The Documents Customised? Are There Any Time Restrictions On Amendments I Can Make?
Everything we provide to you is bespoke! Gone are the days where you’re left wondering how much the legal work will cost. Our prices are fixed.
We make it our mission to understand your business in order to draft the right documents for it and the work you need is completed within three working days.
In cases where the work requires more brainpower than usual (and ends up being more complex than anticipated) we will discuss with you during your initial conversation.
Amendments can be made within the two-week period following delivery of the documents.
How Does Linkilaw’s Prices Compare To The Traditional Law Firm?
We wanted to find out for you.
We needed to ensure our prices were a lot cheaper. So our friendly team rang up lawyers and law firms in the UK. When we finally got through to them, they told us:
The prices ranged from £100 – £1,500 an hour.
That’s an expensive cup of coffee if you go to their offices for a meeting.
After searching far and wide for answers, we were able to find the average UK fixed price options.
We were shocked by the result.
We swore to protect our customers from the lack of transparency and spiralling legal costs that comes from hourly rates. This is why we provide a quality service for a fixed price.
WHAT DO WE GUARANTEE YOU?
We can’t always guarantee that we will keep our prices at this level. But we’re working hard to continue to streamline our service, to keep prices low without compromising quality. We know you want a great service, competitive pricing and a fast turnaround.
So if you like what you see on the page here today – book it now – as these prices will likely change over time.
Our lawyers are different. Hand-picked, rigorously vetted, and specialised to deal with startups, so you can be assured your documents will be completed to the highest quality. Our Linkilawyers have worked with thousands of startups.
Linkilaw’s company values ensure that the lawyers you trust with your startup’s future are friendly, supportive, and specialised.
The road to startup success is unfortunately sometimes a lonely one, and it’s hard making decisions wondering which ones are good and which are bad.
We want to make this decision easy for you.
A 5-Star Customer Service
High Quality Legal Contracts
Although we’ve made our prices as low as possible, we understand that you want to be careful with your money. If you’re not happy. We’re not happy.
This is why we offer you our unique
MONEY BACK GUARANTEE.
(Now when have you ever seen another legal firm offer that?)
If you send us an email explaining why you’re unhappy with your contracts within a 7 day period, one of our friendly team members will call you to find out more, and get a full refund transferred to you.
Q: What number should I call to order a pack?
A: 0203 151 0011. Or you can email us at email@example.com.
Q: How much are these legal documents usually?
A: Anywhere between £1,000 and £8,000.
Q: So why don’t you charge that amount?
A: We’re changing the legal game for the future game-changers! The legal industry desperately needs disrupting from the inside out! That’s why we’ve taken out all the inefficiencies from the traditional legal process – giving you the quality product without the high price.
Q: I don’t think I need all the documents in the pack. Can I just buy the documents individually?
A: Of course! We offer all our customers with our Startup Legal Session (IT’S FREE!) before you even think about purchasing a pack! That way you know what you need now, what you could need in the future and what you could do without!
Q: What makes Linkilaw different?
A: We understand your needs more than anyone else, because not that long ago we shared them. That’s why, on top of giving you quality and cost-effective contracts, we also provide startups with a comprehensive Startup Legal Session (IT’S FREE)!
Q: Which lawyers do you use to draft these documents?
A: We have highly skilled UK based lawyers with years of experience in a variety of fields – all of which were hand picked to work with you, so you are in control every step of the way.
Q: How Bespoke are the Contracts?
A: Our contracts are tailored to your business because we develop them collaboratively with you. There are no generic terms and if we’ve missed something you get two free edits.Don’t say we don’t treat you!
Q: Which lawyers do you use to draft these documents?
A: We have highly skilled, UK-based lawyers with years of experience in technology law, All of whom were hand picked to work with you. Our lawyers have to be: extraordinary, well-rounded, pragmatic, commercially aware, emotionally intelligent, prompt in their response and conscious of today’s pressures. You are in control every step of the way.
Q: What jurisdiction do you operate in?
A: Internally we supply legal services to the UK. However for e-Commerce businesses trading in the EU and the USA we are able to add jurisdiction clauses to allow you to use our documents to trade abroad.